Small businesses
'We will suffer': SMMEs against calls to tax junk food
According to HEALA, the increased revenue for the state could contribute to higher child support and COVID-19 relief grants, and also contribute to a basic...
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Avbob announces R10 million disaster relief fund for small businesses
The company hopes to help keep SMMEs in business with the fund. Avbob CEO Carl van Der Riet said the initiative was essential.
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Investing in SMMEs can be beneficial, summit hears
Although SMMEs are the lifeblood of South Africa’s economy and employ around 60% of the workforce, they are most at risk due to very little support and limited access to capital.
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Dept urges SMMEs to apply for relief packages following July unrest
According to Small Enterprise Finance Agency (SEFA) Executive Finance Manager Tumi Sefolo, the department had divided the support into two different packages for informal and formal businesses.
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SMMEs crucial to SA's post-pandemic recovery - Busa
Busa president Bonang Mohale has called on business, labour and the government to collaborate to boost small businesses
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1,000 KZN small businesses receive R322 million worth of support
KwaZulu-Natal Premier Sihle Zikalala said the businesses that benefited were selected from over 4,000 applicants following a rigorous vetting process that commenced in September 2019 and ended in March last year.
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Small businesses want more help from dept, Sefa amid COVID storm
The department mandated the Sefa to administer the R513-million fund. Around 35,865 applications were received from small businesses. But only 14,800 were fully completed, and 1497 approved.
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Ntshavheni challenges the NYDA to support at least 15k startups by 2024
She was hosting a webinar on Tuesday to report back on the president’s commitment made last year to support 1,000 SMMEs and cooperatives within 100 days.
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COVID-19-battered small businesses left frustrated by latest power cuts
Eskom implemented rolling blackouts this week after 10 generating units broke down in the space of just 48 hours. On Wednesday, it was ramped up to stage four, leaving residential areas and small businesses without electricity for several hours.
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Small businesses turn to banks after loan relief scheme activated
Government has moved into top gear to provide help to small businesses and municipalities with two major announcements by Treasury.
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Informal traders turn to govt's relief fund with hopes of saving businesses
Spaza shops and general dealers are being encouraged to take up government’s offer of funding packages intended to help claw them out of a financial black hole, but this will take a while.
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Small business owners worried about load shedding as heatwave hits SA
Some businesses cannot afford backup generators and remain at the mercy of the power cuts.
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Small business group speaks out against govt over non-payment of services
Small Business Development Minister Khumbudzo Ntshaveni has revealed that government departments owe service providers over R600 million and are 30 days or more behind in their payments.
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Is Workers' Day worth celebrating with SA's high unemployment rate?
Over the last decade, the local economy hasn't been growing to its full potential, which has meant that the economy hasn't been creating enough jobs to stem the tide of unemployment.
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OPINION: What Agrizzi's state capture testimony means for entrepreneurs
Shawn Theunissen says corruption’s shackles are holding back the entrepreneur as they face an increasingly inescapable moral dilemma – pay the bribe for the lucrative tender or opt for legitimacy.
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Load shedding: Small business owners are losing money
Many business owners have introduced flexitime for workers and are using generators to power the essentials.
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[WATCH] Small businesses say Eskom’s load shedding could cripple them
'If businesses don’t survive, the economy can’t survive' – Joburg business owners want an explanation from Eskom.
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Ramaphosa pledges govt support to young professionals
The president engaged the group in Durban on Wednesday night where they told him what their problems are.
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[LISTEN] How to protect your small business from big businesses
Aurik Business Accelerator founder Pavlo Phitidis says every owner must know his business' worth when working with the big players.
